Tag: CEO

Silvergate CEO Sees More Near-Term Pain for Crypto but Still Bullish on Bitcoin Lending

Shares of Silvergate are down 42% this year, though they’ve jumped 33% over the last week. The VanEck Digital Transformation ETF (DAPP), which holds a basket of various crypto stocks including exchange Coinbase (COIN) and miner Marathon Digital (MARA), has fallen 67% this year, but risen 15% over the last week. Rising rates and recession fears have hurt global equity markets, especially stocks deemed to be riskier. The tech-heavy Nasdaq Composite Index has retreated about 25% year-to-date. Source

Blockchain and cybersecurity awareness on the rise: PolySwarm CEO

As the blockchain space becomes more extensive, cybersecurity becomes a more crucial requirement for many. Because of this, PolySwarm CEO Steve Bassi argued that there is a need to leverage blockchain for cybersecurity. Bassi told Cointelegraph that while the awareness of blockchain technology and security is on the rise, the use of blockchain within cybersecurity is still in its early days. “Awareness about cyber security and crypto, especially over the last five years, increased more than any time during my professional security career,” he said. Despite the rise in awareness, the…

FTX CEO and Solana co-founder offer advice for building Web3 ecosystems

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The blockchain ecosystem is constantly evolving, yet there always seems to be one overarching sector dominating at a given time. For example, decentralized finance (DeFi) projects received an impressive amount of venture capital funding in 2021, making it the most invested sector last year. Findings further show that nonfungible tokens (NFTs) were the second most invested sector, while Web3 and infrastructure ranked third.  Now, Web3 is proving to be the most sought-after investment sector in the blockchain industry. New findings from Cointelegraph Research confirm this, showing that Web3 captured around…

Crypto Payments Firm BCB Group Hires Deputy CEO to Expand Internationally

Sharp is based in London and will be reporting to Oliver von Landsberg-Sadie, founder and CEO of BCB, the company said in the statement. “We have appointed Noah at a time where the international scaling of the business needs a seasoned expert with an extensive track record in banking and payments, and I’m honored to have Noah support my vision in such a powerful way,” said Landsberg-Sadie in the statement. Source

The Most Dedicated CEO in South Korea, Leads Wemade to New Heights

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Wemade (a pioneer South Korean game developer and publisher) announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2.67 million (KRW 3,5 billion) and did not sell a single share. As a result, Mr. Chang’s stake in Wemade reached 1.5%. Wemade shifted its focus towards metaverse and blockchain technology with an emphasis on developing and servicing well-made games with economically meaningful experiences. As a result, Wemade developed “Wemix”, a game-centric blockchain platform (with 14 Play & Earn titles),…

Africa can create an inclusive society with blockchain, says LBank CEO

As one of the most populated continents in the world, Africa continues to be an important target for blockchain proponents, as adoption in the region could have a significant impact on the broader crypto economy.  In an interview with Cointelegraph, Allen Wei, the CEO of crypto exchange LBank, explained that blockchain can have a significant impact on Africa. Moreover, Wei highlighted that adoption within the region can have an effect on crypto and underscored the importance of supporting projects throughout the continent. With blockchain, an opportunity to solve Africa’s economic…

Binance CEO Anticipates Inflation To Grow By 500%

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The current US inflation data has thrown a great tantrum and panic within several market sectors. Different expectations and reactions are surfacing following reports of the inflation data. It seems to be a fact that even the crypto space now receives impacts from inflations and other macroeconomic factors. With reports from the US Bureau of Labor Statistics, different markets are loaded with diverse opinions. However, according to the released data, there’s been an increase of 9.1% in the consumer price index since June last year. This value is more than…

DoNotPay CEO Wants to ‘Give Little Guys the Power’ to Sue Celsius

British computer scientist and CEO of legal services chatbot DoNotPay, Joshua Browder, suggests investors sue the lender as it faces insolvency. He told CoinDesk TV’s “First Mover” a loophole in Celsius’ terms of service (Section 27 C) gives individual investors the ability to file a claim suit against Celsius Network in small claims court. The claim, however, must fall below a $10,000 threshold, but that may work to the benefit of plaintiffs. Source

Bitcoin Slides; Mixed Crypto Legacy in Hong Kong for the FCA’s Incoming CEO

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The U.S. economy added 372,000 jobs in June, more than the expected 250,000 according to Dow Jones estimates. Ruchir Sharma of Rockefeller International and Marc Chandler of Bannockburn Global Capital joined “First Mover” to share their views on global markets and the impact of macro headwinds on crypto. Plus, Ray Luo, KuCoin head of institutional business development, shared details of the firm’s semi-annual report. Original